Deutsche Bank is reportedly preparing to file a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said. This action represents a rare move by a foreign firm and is said to be in response to rising credit defaults and the deepening crisis in China's property sector. The lawsuit is being pursued amid concerns over Shimao's financial stability and the broader implications for the real estate market in China.
Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a move that comes amid rising credit defaults and China's deepening property sector crisis https://t.co/EQuSoFSS4z https://t.co/8Xxqr081lG
Deutsche Bank plans legal action against Chinese developer Shimao Group for liquidation https://t.co/yevN3DGolx https://t.co/GxDhwagoRS
Interesting: Deutsche Bank to file liquidation suit against Hui Wing Mau’s Shimao https://t.co/ZZjWZIylIF https://t.co/n3BvUdcsXQ
Deutsche Bank to file liquidation suit against Chinese developer Shimao - Reuters https://t.co/gj3CRpBSFW
Exclusive: Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, in a rare move by a foreign firm that comes amid rising credit defaults and China's deepening property sector crisis https://t.co/0xjhw5F4Bw
Exclusive: Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, in a rare move by a foreign firm that comes amid rising credit defaults and China's deepening property sector crisis. More here: https://t.co/BlMYrNhZx3
Exclusive: Deutsche Bank to file liquidation suit against Chinese developer Shimao, sources say https://t.co/Bkc4AZa0Qm https://t.co/YOzbeSQ11G
⚠️ EXCLUSIVE-DEUTSCHE BANK TO FILE LIQUIDATION SUIT AGAINST CHINESE DEVELOPER SHIMAO, SOURCES SAY (Reuters) Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid… https://t.co/e2F4Mu9WsO